Barack Obama & Michelle Obama Dance at Beyoncé & Jay-Z Show
Barack (56) and Michelle Obama (54) are proof that you can keep the love burning no matter how long you've been with your spouse. We talk about the same things I talk about with all my friends". "It reminds you that you always have to stay hungry".

Indiana family files 2nd lawsuit in fatal Missouri boat sinking
Mongeluzzi said he hopes this incident will serve as a warning for other families thinking about riding a duck boat in the future. Seventeen people were killed when the boat capsized and sank during a storm on July 19 on Table Rock Lake near Branson, Missouri.

Dillian Whyte wants one more fight before facing Anthony Joshua
For Whyte he feels beating Parker moves him closer to the rematch against his rival Joshua, and another shot at the world title. But successive defeats leave a brutal reality for a 26-year-old who says he wants to be out of the business by the age of 30.

Democrats Want Trump Jr. To Testify Again
He also called raids of Cohen's home, office and hotel room earlier this year "inconceivable" and "almost unheard of". Trump Jr. stated that he expected dirt on Hillary Clinton from the meeting but came out empty handed.

American college student goes missing while swimming in Israel
Prior to learning the news, family members and friends said Jones was a fighter and believed she somehow made it out of the water. According to one of the students , a strong current pulled the three of them out deeper to sea while they were swimming.

Dodgers acquire Brian Dozier in trade with Twins
Now, the core of Machado, Dozier, Max Muncy , Cody Bellinger, and Justin Turner will lead their offense to another postseason run. Neither Smeltzer or Raley are highly ranked prospects and would settle in around a C prospect ranking in both cases.

Jaguar Land Rover reports £264 million pre-tax loss
Towards increased transparency, the company has announced separate segmental results for CV and PV businesses from this quarter. This comes as its subsidiary, Jaguar Land Rover (JLR), posted lower revenues due to fewer vehicles sold in the period.

Eight experts debate the future of Tesla ahead of earnings

Electric vehicle maker Tesla has racked up a record $717.5 million net loss in the second quarter of 2018, twice the previous year's number.

Last quarter, the company reported about $3.4 billion in total revenue (automotive and energy combined) and a non-GAAP share loss of $3.35 per share. But with low cash reserves, investors have anxious that Tesla would need to borrow more money to keep the company afloat. Analysts polled by FactSet expected a $2.88 loss per share. While it's no secret that the Model 3 ramp-up got off to a much slower start than Tesla initially promised, the company during the last week of June did manage to boost Model 3 production up to 5,000 units/week.

"During the month of July", the letter reads in part, "we have repeated weekly production of approximately 5,000 Model 3 cars multiple times while also producing 2,000 Model S and X per week".

The company's future rests on its ability to mass produce the Model 3 - its most economical auto - a task that has seen Tesla fail to meet numerous self-imposed deadlines for the all-important 5,000-cars-per-week metric, reduce the amount of automation it was relying on in its factory, and build an entire assembly line in a tent.

Tesla ended June with about US$2.2 billion in cash on its balance sheet, the least it's carried since the first quarter of 2016. "It's fair to say that no production ramp of any other product has been as closely watched and debated as that of Model 3". With Musk's blessing to "let the cat out of the bag", the company confirmed that it will be switching from its Nvidia-based emulation calculation platform to a proprietary on-board calculation method through use of an Application Specific Integrated Circuit (ASIC) meant to perform the AI calculations necessary for Autopilot to function more efficiently. Tesla also said it wants to churn out 10,000 Model 3s per week "as fast as we can".

The company said it produced 53,339 vehicles in the second quarter and delivered 18,449 Model 3s.

Tesla plans to pay off its upcoming debt - some $1.8 billion comes due before November 2019 - through internally generated cash flow, Musk said. The stock has slumped 19 per cent since a 2018 high of $370.73 in June. That credit will be halved for Tesla buyers next year and dwindle down to zero in the following months.

Tesla's full letter to shareholders can be viewed over here.

Follow Tesla's stock price in real-time here.

RBI hikes repo rates by 25 basis points
Reverse repo - the rate at which the RBI borrows money from commercial banks within the country - is adjusted to 6.25 per cent. The central bank also said indicators suggested that economic activity continued to be strong.